Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-09-29 20.426956 23.314765 26.468213 30.168032 34.391207 39.063056 44.625766
2024-10-06 17.261905 21.235660 25.909126 31.814051 39.082074 47.744089 58.865777
2024-10-13 14.386306 18.939493 24.666224 32.404903 42.604837 55.612743 73.502379
2024-10-20 11.715252 16.433475 22.752739 31.847914 44.631884 62.006974 87.501244
2024-10-27 9.771419 14.553110 21.349062 31.731769 47.241985 69.634308 104.575299
2024-11-03 8.557856 13.493612 20.916398 32.920987 51.927851 80.998123 129.112056
2024-11-10 7.630505 12.702266 20.751125 34.494281 57.495674 94.668817 159.762360
2024-11-17 6.639073 11.635437 19.979769 34.981565 61.450492 106.531805 189.833851
2024-11-24 5.571289 10.251512 18.454879 33.942736 62.673591 114.108435 214.140646
2024-12-01 4.691063 9.041511 17.025915 32.820306 63.555091 121.260293 239.117553
2024-12-08 4.086979 8.235023 16.191157 32.650332 66.184248 132.092897 273.200021
2024-12-15 3.641937 7.657612 15.692596 33.045336 69.995703 145.887084 315.912120
2024-12-22 3.230766 7.092151 15.156222 33.347440 73.856722 160.857749 364.973821
2024-12-29 2.963048 6.782961 15.099748 34.675090 80.212337 182.369743 433.099178
2025-01-05 2.645304 6.304393 14.596306 34.927061 84.252052 199.652779 495.477503
2025-01-12 2.295293 5.685444 13.668360 34.024384 85.445484 210.705511 545.531479
2025-01-19 2.030606 5.220833 13.016668 33.664378 87.901300 225.288626 607.749799
2025-01-26 1.877732 5.007109 12.936788 34.734558 94.229462 250.829562 704.516665
2025-02-02 1.760856 4.864941 13.013040 36.236954 102.036085 281.830047 823.393597
2025-02-09 1.606222 4.591507 12.698059 36.622531 106.887525 305.927331 928.402984
2025-02-16 1.409039 4.161234 11.881246 35.437697 107.046306 317.020584 997.791713
2025-02-23 1.236138 3.767712 11.095718 34.191567 106.787524 326.920235 1066.085657
2025-03-02 1.118139 3.515325 10.671915 33.956543 109.592758 346.642239 1170.570717